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NEF hikes fuel prices

By GLENN-NORA TJIPURA Consumers should anticipate an increase in fuel prices beginning of September, the Ministry of Mines and Energy has announced. The expected price hike will see petrol increase by 60 cents per litre and diesel by 30 cents per litre. The development comes as authorities have announced that …

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Trigon intends to raise C$5 million to restart Namibia copper mining venture

Trigon Metals, a Canadian junior, intends to raise C$5 million to restart the Kombat copper mine in Namibia’s Otavi mountainlands. On Tuesday, the TSX-V-listed explorer and developer announced a non-brokered private placement financing of up to 12.5 million units at C$0.40 per unit. A common share and one-half of a …

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Namibia exports increase to N$5.4 billion, Mining accounts for 70 per cent

Namibia Statistics Agency’s most recent trade statistics has revealed that mining production across various commodities boosted exports significantly in June 2021, with exports increasing by 14.1 per cent to N$8.6 billion, up from N$5.4 billion the previous month. According to the Statistics Agency, key commodities accounted for just over 70% …

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